This is a determination of the Railroad Retirement Board concerning the
continuing status of Vermont and Massachusetts Railroad Company (Vermont and
Mass.) as an employer under the Railroad Retirement Act (45 U.S.C. §231 et seq.)
and the Railroad Unemployment Insurance Act (45 U.S.C. §351 et seq.).
and Mass. (B.A. # 8033) has been an employer under the Railroad Retirement Act
and Railroad Unemployment Insurance Act since the inception of the Acts. Vermont
and Mass. began operations in 1844.
The latest coverage information in the file for Vermont and Mass. indicates
that the Company was dissolved on January 14, 1991. On May 2, 2006, Vermont and
Mass. was granted a one year revival for the sole purpose of conveying title to
real property that was located solely in the State of Massachusetts. Further
research of active business entities did not produce any active records for
Vermont and Mass. as a functional corporate entity.
Section 202.11 (20 CFR 202.11) of the Board's regulations states that:
The employer status of any company or person shall terminate whenever such
company or person loses any of the characteristics essential to the existence
of an employer status.
As indicated above, information in our coverage files indicates that Vermont
and Mass. was formed to operate a railroad in 1844. The Railroad was dissolved
in 1991 and then allowed to convey its real property in 2006. The evidence of
record establishes that Vermont and Mass. no longer possesses the
characteristics of a railroad carrier employer.
The Board therefore finds that effective May 2, 2007, the last day of the one
year revival period which Vermont and Mass. was granted to convey its real
property, Vermont and Massachusetts Railroad Company ceased being a covered
employer under the Railroad Retirement and Railroad Unemployment Insurance Acts.
Original signed by:
||FOR THE BOARD
Secretary to the Board